Market / MetaTrader 5 / Experts /

NeonCircle

49 USD

Demo downloaded: 23

Published: 25 October 2024

Current version: 1.0

NeonCircle

Experts
Ivan Zhigalov
Ivan Zhigalov
Trader at Nowhere

New Zealand

1128
I have been trading since 2009.
Program my own EAs.
Purchased bitcoin at $2500.

1 topic
Version: 1.0
Activations: 5

NeonCircle

This Expert Advisor (EA) is the culmination of my 10+ years of trading experience, offering a straightforward yet effective trading system optimized for the M15 timeframe on the following currency pairs: AUDCAD, AUDNZD, and NZDCAD. While these pairs are pre-optimized, feel free to adjust the settings for any additional instruments you wish to trade.

THE SETTINGS FOR THIS EA ARE ATTACHED IN THE FIRST COMMENT!!!

Trading Strategy Overview

The EA operates without the use of indicators, focusing instead on a candle pattern-based strategy. The first trade is triggered by a specific combination of candle parameters, with subsequent trades being determined by additional candle patterns set within the EA's configuration.

Please note that this EA employs a grid trading approach, which may lead to potential losses. To manage risk effectively, it is advisable to withdraw profits regularly. Unlike typical martingale systems, this EA opens trades with consistent volume based on account equity, allowing for risk adjustment as needed.

Recommended Settings:

Minimum deposit: $1,000
Recommended deposit: $10,000 (to enable dynamic lot adjustment as equity increases)
Recommended timeframe is 15 minutes

Additional Resources:

Check out my signal for the martingale version of this EA. I am considering switching to a constant lot as my deposit has doubled.
For a more sophisticated algorithm with martingale capabilities, see my NeonRectangle EA.
My other products: https://www.mql5.com/en/users/zhigal/seller
For convenience, I’ve provided optimized settings files for these three pairs for the this EA

Settings Overview

Risk Settings	Description
LOT	Money needed per 0.01 lot
STOPLOSS	Stop loss in pips
TAKEPROFIT	Take profit in pips
PROFIT_TO_CLOSE	Take profit as a percentage of deposit
LOOSE_TO_CLOSE	Stop loss as a percentage of deposit

Orders Settings	Description
MAX_TRADES	Maximum number of trades to open
MAX_SPREAD	Maximum spread size allowed
CANDLES_IN_ROW	Number of consecutive candles for the first trade
MIN_CANDLE_SIZE	Minimum size of each candle in the impulse
PRICE_RANGE	Total size of the impulse
NEXT_CANDLE_SIZE	Size of the single candle to trigger additional orders
STEP1	Step for checking the next order candle pattern; set to 0 to disable
STEP2	Step for opening the next order

Other Settings	Description
SLIP	Maximum slippage allowed
MAGIC	EA magic number
COMMENT	EA comment; add %Symbol% to auto-insert the symbol

Feel free to reach out if you need any clarifications or assistance.

Disclaimer:

Please remember that past performance is not indicative of future results.

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️ PropShield is your automated guardian for proprietary trading firm challenges and funded accounts. If you've ever failed a challenge by exceeding the daily drawdown limit by just a few dollars, or if you struggle to enforce your own risk rules during volatile markets, PropShield is built for you. This is not a trading strategy - it's a safety system that watches your account 24/7, automatically closes positions when risk limits are breached, and keeps you on track to pass challenges and keep

99 USD

NoSwapEA MT5 - Trade Smart, Avoid Swaps Overview NoSwapEA is a smart and efficient Expert Advisor designed to help traders avoid overnight swap charges by automatically closing and reopening trades based on a customizable schedule. Developed by NeonTrade, this EA is perfect for traders who want to optimize their trading strategy while minimizing costs. Key Features Swap-Free Trading : Automatically closes trades before swap charges are applied and reopens them the next day, saving you money

30 USD

️ EquityShield is your automated risk management guardian for MetaTrader 5. If you've ever exceeded your daily loss limit, struggled to enforce your own trading rules during volatile markets, or wanted to automatically lock in profits when you hit your targets, EquityShield is built for you. This is not a trading strategy - it's a safety system that watches your account 24/7, automatically closes positions when your risk limits are breached, and helps you maintain consistent trading discipline

49 USD

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NeonCircle

Ivan Zhigalov

NeonCircle

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